Press release
Ice Boxes Market Share, Trends, Opportunities And Outlook 2024
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Ice Boxes Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $0.91 billion In 2028 At A CAGR Of 14.4% :
The ice boxes market size has grown rapidly in recent years. It will grow from $0.48 billion in 2023 to $0.53 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to pre-electric refrigeration, block ice delivery, industrialization and urbanization, transportation and delivery networks.
The ice boxes market size is expected to see rapid growth in the next few years. It will grow to $0.91 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%. The growth in the forecast period can be attributed to niche and specialty markets, retro and vintage appeal, energy efficiency and sustainability, off-grid and remote applications, custom and artisanal design. Major trends in the forecast period include modern retro designs, dual-function ice boxes, sustainable materials, personalization and customization, preservation of heritage and history.
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Ice Boxes Market Major Segments
The ice boxes market covered in this report is segmented -
1) By Type Of Product: Inflatable Coolers, Marine Coolers, Soft-Sided Coolers, Standard Ice Chests
2) By Application: Camping, Medical, Military cooler
3) By End Use: Household, Commercial, Industrial
Sub-Segments
By Type Of Material: Metal Coolers, Plastic Coolers, Fabric Coolers
Key Driver - Ice Boxes Market Surges With The Popularity Of Outdoor Parties, Camping, And Caravanning
The rising popularity of outdoor parties, camping and caravanning is driving the growth of the ice boxes market. As the number of people opting for outdoor recreational activities is increasing, the demand for ice boxes used to store food and beverages is rising. Campers and holidaymakers prefer carrying their own food products that must be stored at cool temperatures to prevent spoilage.
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Prominent Trend - Collapsible And Foldable Coolers Redefine The Ice Box Market
Ice box manufacturers are investing in the development and manufacture of collapsible and foldable coolers to minimize the space occupied. These coolers are made using insulated canvas with heat welded seams to prevent leakage. When not in use, these coolers can be folded for easy storage. Some of the company's manufacturing collapsible and foldable coolers include Coleman, AO Coolers, Columbia.
Ice Boxes Market Players
Major companies operating in the ice boxes market include Igloo Corporation, The Coleman Company Inc. (Esky), Rubbermaid Commercial Products, Grizzly Coolers LLC, Engel Coolers, Bison Coolers, ORCA (Outdoor Recreation Company of America), Pelican Products Inc., Polar Bear Coolers, YETI Coolers LLC, K2 Coolers, AO Coolers, Stanley (Stanley Black & Decker), OAGear, Koolatron Corporation, Cool Ice Box Company Ltd, Perlick Corporation, Arctic Zone, Quechua (Decathlon), Cadac, Mobicool, SnoMaster, Ozark Trail (Walmart brand), Cabela's Inc., Gander Outdoors, Bass Pro Shops, RTIC Coolers, Canyon Coolers, Black Rock Gear, Dometic Group AB, Techni Ice, Icey-Tek, Frigid Rigid Coolers, IceMule Coolers, Koolatron, NorChill Coolers, Picnic Time Inc., Seattle Sports, Thermos LLC
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the ice boxes market in 2023. Western Europe was the second-largest region in the ice boxes market. The regions covered in the ice boxes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Ice Boxes Market Report Structure
3. Ice Boxes Market Trends And Strategies
4. Ice Boxes Market - Macro Economic Scenario
5. Ice Boxes Market Size And Growth
…..
27. Ice Boxes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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